SIPUG PANEL 24

Question 1

WELCOME TO TODAYS PANEL DISCUSSION - ‘WILL AI GENERATE INCREASED BUSINESS VALUE AND NEW CONTENT OR INCREASED RISKS, COSTS AND A REPETITION OF WHAT WE ALREADY KNOW”

ADDRESSING THIS QUESTION FOR US ARE

A. BUDHA BHATTACHAYA - Lombard Odier

B. DR ALEXIS EISENHOFER - FINANCIAL.COM

C. WOLFGANG MATZNER - BAHA

D. BORJA CADENATO - CLARITY AI

Answer 1

THREE OF OUR PANEL HAVE SPOKEN AT TODYAS CONFERENCE AND I’M SURE DON’T REQUIRE ANOTHER INTRODUCTION.
HOWEVER, BUDHA, ALEXIS AND BORJA ARE JOINED ON STAGE TODAY BY WOLFGANG MATZNER WHO HAS BEEN AT BAHA FOR 22 YEARS AND IS AN MD.

HE IS AN EXPERIENCED LEADER WITH A DEMONSTRATED HISTORY IN THE COMPUTER SOFTWARE INDUSTRY, SPECIALIZING IN FINANCIAL MARKETS, TECHNOLOGY, DIGITALIZATION, AI, BUSINESS OPERATIONS, NEW BUSINESS OPPORTUNITIES, BUSINESS DEVELOPMENT, AND SALES MANAGEMENT.

Question 2

QUESTION 1

EARLIER TODAY DR ALEXIS GAVE US AN EXCELLENT INSIGHT INTO HOW THERE ARE 200,000 PLUS AI MODELS BUT THAT ALL THESE ARE BASED ON FOUR DATASETS - SO HOW CAN WE BE SURE THAT INVESTING IN AI WILL DELIVER IMPACTFUL VALUE FOR OUR BUSINESSES OR JUST TELLS US WHAT WE ALREADY KNOW?

DR ALEXIS WOULD YOU LIKE TO OPEN THIS FOR US?

Question 3

QUESTION 2

WHAT ARE SOME OF THE REAL WORLD USE CASES OF GENERATIVE AI IN FINANCIAL MARKETS?
HOW LONG IS GENERATIVE AI BEING APPLIED IN FINANCIAL MARKETS TODAY?

WOLF GANG - WOULD YOU LIKE TO START US ON THIS QUESTION?

Question 4

QUESTION 3

MCKINSEY GLOBAL INSTITUTE FINDS THAT GENERATIVE AI HAS THE POTENTIAL TO GENERATE VALUE EQUIVALENT TO $2.6 TRILLION TO $4.4 TRILLION IN GLOBAL CORPORATE PROFITS ANNUALLY - HOW REALISTIC DO YOU THINK NUMBER MIGHT BE AND IS THERE ANY WAY TO ESTIMATE THE IMPACT IN FINANCIAL SERVICES?

BORJA. WOULD YOU ADDRESS THIS FIRST PLEASE

Question 5

QUESTION 4

LET’S ADDRESS THE RISKS AND ETHICAL CONSIDERATIONS THAT WE NEED TO LOOK AT IN CONNECTION TO GENERATIVE AI AND THE EFFECT ON THE FINANCIAL INDUSTRY?

ARE WE GIVING THEM DUE CONSIDERATION AND SHOULD WE HAVE ANY CONCERNS?

BUDHA I WOULD APPRECIATE YOUR INSIGHT INTO THIS.

Question 6

SO, I’M WATCHING THE TIME AND I SEE THAT WE ONLY HAVE A FEW MINUTES LEFT, SO I WOULD NOW LIKE TO OPEN THE PANEL TO ANY QUESTIONS FROM THE AUDIENCE

Question 7

BACK-UP QUESTION TO CLOSE THE PANEL IF NO QUESTIONS FROM THE AUDIENCE.

SO, FINAL THOUGHTS FROM THE PANEL, PARTICULARLY ON HOW WELL AI IS MAPPING THE ESG DATA WITH FINANCIAL ENTITY DATASETS.

Question 8

THANK YOU ALEXIS, BUDHA, BORJA, AND WOLFGANG
NOW, I KNOW THAT APERATIFS ARE CALLING, BUT IF YOU COULD ALL HOLD FOR A FEW MOMENTS LONGER ROLF ARAPAGUS FROM AWP WILL COME UP TO THE STAGE AND ANNOUNCE THE COMPETITION REULTS AND ASSOCIATED PRIZE GIVING.
ROLF.

Question 9

THANK YOU ROLF.
SO THAT CONCLUDES SIPUG 2024.
AS ALWAYS WE WOULD LIKE THANK ALL OUR SPONSORS AND AWP FOR THE COMPETITION AND PRIZE.
THANK YOU ALL AND WE LOOK FORWARD TO SIPUG 2025.